USDA Vs. FHA Pro and Con comparison in Lake-Placid, Highlands County, FL
In 2025, the USDA loan limit for Lake-Placid in Highlands County, FL is set at $285,000. In contrast, the FHA limit is $356,362 for single-family homes.
The Lendersa® USDA loan calculator is your tool to compare today's best rates between USDA and FHA loans. Determine the requirements for income, credit, reserves, and documents to qualify. Our advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans, assisting you in choosing the best program in for your financial circumstances.
2025 Loan Limits and Downpayment Requirements in Lake-Placid, Highlands, FL
Loan Type
Loan Limit
Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
Options for USDA and FHA Loans in Lake-Placid, FL
The goal of Lendersa® is to promptly and smoothly secure the ideal USDA or FHA loan for you. Begin by selecting one of three starting points to find lenders and explore the USDA loan programs that align with your criteria.
A USDA home loan, guaranteed by the U.S. Department of Agriculture, is also called the USDA rural development loan or USDA mortgage. It's exclusively available in rural neighborhoods. Unlike FHA loans, which require a 3.5% down payment, USDA loans do not necessitate any down payment, making them an attractive option for qualifying buyers.
Although we were established as Teachers Credit Union, we’re not just for teachers anymore. Since our founding in 1931, we’ve grown to nearly 60 locations and more than 300, 000 members, making it the largest credit union in Indiana. Also serving southwest Michigan, TCU offers a range of traditional banking services, plus investments and insurance.
Real Community Bank, which means that when we accept your deposits, we invest that money back into this area in the form of home mortgages for your neighbors, business loans for your merchants, and education savings plans for your school children. We support our community with our donations to local schools, clubs, charitable organizations.
A simple philosophy can lead a company to great rewards. Treat your customers, your employees, and your communities with respect and you will earn their loyalty. Our strategy has never been about selling products, but instead about finding ways to make life more rewarding for our customers and employees.
Greater Chautauqua Federal Credit Union has been open since 1940. The credit union has assets totaling $89.32 Million and provides banking services to more than 10, 000 members.
The credit union is a member-owned financial cooperative providing financial banking services to multiple member groups,
Tower Loan opens and experiences prosperity and growth. The consumer finance industry was in its infancy.After World War II, Tower sold its offices to various employees within the company. The Jackson, Mississippi, South State Street Office of the original Tower group was purchased by Ed and Kate Clark.
Our company was founded in Owasso, Oklahoma as a way to assist friends, neighbors, and the community to own affordable homes without sacrificing quality craftsmanship, energy-efficiency, or aesthetics. Our Oklahoma roots and values are reflected in all aspects of our company, including in the products we offer, our choice of vendors.
NCPD Federal Credit Union is dedicated to providing superior financial services to those in Nassau County law enforcement and their families. We aim to help them reach their life’s goals by offering high dividend rates on savings and low interest rates on loans. Our array of products and services will give our membership a positive experience.
225 Executive Drive, Suite 410, Plainview, NY, 11803
Mortgage Wealth Advisors, Inc. is a concierge mortgage brokerage, arranging mortgage financing for clients throughout New York and Florida. We offer a wide range of loan products through an expansive network of lenders. We match the right loan to the needs of our borrowers, with competitive rates that satisfy even the most discerning clients.
